Skip to main content

About your Search

20130115
20130123
Search Results 0 to 4 of about 5
. >> on to business news now, the german economy contracted in the final quarter of last year as the eurozone crisis took its toll, but europe's biggest economy still managed to post modest growth of 0.7%. >> that may not sound like much, but it is more than you expect from most eurozone economies. >> the eurozone crisis has not been able to dampen the mood among eurozone consumers. they are still hitting shops and helping the economy grow modestly. >> despite big increases in the cost of energy, raw materials, and oil, private consumption is up. that is the first reason. the second is that the german economy remained competitive last year despite a weaker environment, and that has given exports a boost. >> exports are the backbone of the german economy. they continued to grow last year, albeit at a slower rate. companies are proceeding with caution. they are cutting investment amid uncertainty about what the new year will hold, especially for the eurozone. in 2011, the german economy grew by 3%. that figure dropped to 0.7% last year. the economy even contracted in the final quarter. the government
a gun laws is getting more pronounced. >> thanks very much from washington. will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners.
, the campaign rhetoric is getting hotter. reporting on the condition of germany's economy, the economics minister was keen to take as much credit as possible for record employment numbers, rising income, and falling debt. >> it is no accident that our economy is in good shape. it is no accident that new jobs are being created every day. they were created by the efforts of the german people, but they were also created by this governing coalition from >> but the opposition social democrats promptly pounced on the economics minister's claims. >> if you had anything to do with economic growth, then you have heard growth even more than you have hurt your own party's election results. >> the man who hopes to take chancellor merkel's job later this year accused her of failing to recognize the dangers of an unrestrained financial system. >> for too long, the government has tried to pretend it is all just a debt crisis of other individual countries, but that is only part of the story. now the truth is going to hit you in german taxpayers where it hurts. >> merkel and her cabinet are now hoping ec
. >> and an international audience watching on tv. a lot of europeans want to know which way the world's biggest economy is headed and can politicians sort things out. here is a man that thinks he can make a difference the second time around. obama then looked forward to his next and final four years in office calling an end to the politics of division and saying the united states could achieve anything if it acted as one. >> a decade of war is now ending. an economic recovery has begun. america's possibilities are limitless, for we possess all of the qualities this world without boundaries demand, youth and drive, diversity and openness. an endless capacity for risk and a gift for reinvention. my fellow americans, we are made for this moment and we will seize it so long as we seize it together. >> our washington correspondent was there. you were at the inauguration. obama had quite a big wish list. take us through it. >> well, it is not really a wish list. inaugural speeches are not the place for a wish list. but you can read between the lines. i would sum it up with two words, unity and equality. a me
for february. >> all right, some business news now, and the chinese economy has beaten expectations for the final quarter of 2012 after nearly two years of relatively tepid performance by the world's second-largest economic power. gross domestic product rose by 7.9% and 7.8% for the year as a whole. analysts say the outlook for china may be improving. chinese exports have continued to fall, but retail sales and industrial production have started to pick up. and germany's second biggest lender, commerzbank, could cut up to 6000 jobs according to a report. while there have been months of speculation over possible cuts, this latest story suggests 1910 positions in germany could go. the bank is not commenting. negotiations with employee representatives are due to begin soon. the german government holds a 25% stake in the bank. it had to be bailed out three years ago. all right, time now for a wrapup of friday's trading action. at the frankfurt stock exchange, here is our reporter. >> early in the morning, the positive growth figures coming from china went down pretty well here on the fr
Search Results 0 to 4 of about 5